Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of recognized identified assets acquired and liabilities assumed

A summary of the cumulative consideration paid and the allocation of the purchase price paid for all of our acquisitions (including asset acquisitions) in each respective year is as follows:


	2021		2020		2019
Cash Paid (gross of cash acquired)(1)	$	224,192	$	124,614	$	53,230
Fair Value of Noncontrolling Interests	3,878		—		—
Purchase Price Holdbacks and Other	2,534		—		4,135
Fair Value of Investments Applied to Acquisitions	—		27,276		—
Total Consideration	230,604		151,890		57,365
Fair Value of Identifiable Assets Acquired:
Cash	20,194		6,545		2,260
Accounts Receivable, Prepaid Expenses and Other Assets	26,911		16,559		3,102
Property, Plant and Equipment	150,095		52,021		5,396
Customer Relationship Intangible Assets(2)	35,181		79,065		22,071
Operating Lease Right-of-Use Assets	40,848		100,040		16,956
Data Center In-Place Leases(3)	4,994		—		—
Data Center Tenant Relationships(4)	4,682		—		—

Debt Assumed	(9,026)		(27,363)		—
Accounts Payable, Accrued Expenses and Other Liabilities	(22,733)		(19,564)		(3,233)
Operating Lease Liabilities	(40,848)		(100,040)		(16,956)
Deferred Income Taxes	(7,221)		(9,631)		(1,813)
Data Center Below-Market Leases(5)	(20)		—		—
Total Fair Value of Identifiable Net Assets Acquired	203,057		97,632		27,783
Goodwill Initially Recorded	$	27,547	$	54,258	$	29,582

(1)Cash paid for acquisitions, net of cash acquired in our Consolidated Statement of Cash Flows includes contingent and other payments of $0, $512 and $7,267 for the years ended December 31, 2021, 2020 and 2019, respectively, related to acquisitions made in the years prior to 2021, 2020 and 2019, respectively.

(2)The weighted average lives of Customer Relationship Intangible Assets associated with acquisitions in 2021, 2020 and 2019 was 11 years, 14 years and 16 years, respectively.

(3)The weighted average lives of Data Center In-Place Leases associated with acquisitions in 2021 was five years.

(4)The weighted average lives of Data Center Tenant Relationships associated with acquisitions in 2021 was five years.

(5)The weighted average lives of Data Center Below-Market Leases associated with acquisitions in 2021 was four years.